CFR > Title 48 > Chapter 1 > Subchapter D > Part 22 > Subpart 22.10 – Service Contract Labor Standards
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Terms Used In CFR > Title 48 > Chapter 1 > Subchapter D > Part 22 > Subpart 22.10 - Service Contract Labor Standards
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- service employee: includes all such persons regardless of any contractual relationship that may be alleged to exist between a contractor or subcontractor and such persons. See 48 CFR 22.001
- Statute: A law passed by a legislature.